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Impact of U.S. Market Access on Local Labor Markets in Vietnam / Hoang, Trung X.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Hoang, Trung X.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Bilateral Trade Agreement.
- Employment.
- Exports.
- International Economics and Trade.
- Job Creation.
- Labor Markets.
- Market Access.
- Propagation.
- Rural Development.
- Social Protections and Labor.
- Local Subjects:
- Bilateral Trade Agreement.
- Employment.
- Exports.
- International Economics and Trade.
- Job Creation.
- Labor Markets.
- Market Access.
- Propagation.
- Rural Development.
- Social Protections and Labor.
- Physical Description:
- 1 online resource (44 pages)
- Place of Publication:
- Washington, D.C. : The World Bank, 2018.
- System Details:
- data file
- Summary:
- This paper examines the impact of U.S. market access on local labor markets in a developing country, Vietnam. The study finds that following the implementation of the Vietnam-United States bilateral trade agreement in December 2001, manufacturing employment increased in provinces that were more exposed to U.S. tariff cuts. In those provinces, employment also increased in many service sectors, reflecting strong spillovers of job gains. The new job opportunities have attracted labor from agriculture, thus reducing agricultural employment. The paper examines three possible channels of job gain spillovers, namely, demand, production, and real estate. Although there is evidence for all three channels, the demand channel is the most important.
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